Pensions Week
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March » 02.03.09
Pensioners could profit from deflation offset
Published:  02 March, 2009

Aon Consulting is calling on the government to consider whether deflation can be offset against future inflation when increasing pensions in payment.

Employers seek to bypass trustee consent
Published:  02 March, 2009

Employer groups are calling for the government to allow companies to stop linking deferred and pensioner benefits to inflation without trustee or member consent.

Multiple changes for DB members of the BT scheme
Published:  02 March, 2009

The BT pension scheme has revealed details of changes for its final salary members.

Tesco pays price for increased longevity
Published:  02 March, 2009

Tesco is lobbying behind the scenes with the government over the impact of auto-enrolment on its business in 2012

Goodwin: pension likely to be outside RBS’ conventional scheme

Goodwin’s platinum pension looks airtight
Published:  02 March, 2009

Fred Goodwin, the former chief executive of Royal Bank of Scotland (RBS), is in line to receive a total pension of up to £25m.

Fifth of council tax goes on pensions
Published:  02 March, 2009

One pound in every five paid in council tax is being spent on employer contributions for local government pension schemes.

Cule: trustee concern is of paramount importance

Royal Mail highlights need for sponsor clarity
Published:  02 March, 2009

Royal Mail’s pension funding crisis has highlighted the need to balance employer covenants with asset allocation strategies, according to investment advisers.

More detail on regulator’s code required
Published:  02 March, 2009

The Pension Regulator’s code of practice on anti-avoidance powers requires clarification, according to Mercer.

Calls for phase-in to soften blow of PAs
Published:  02 March, 2009

The introduction of personal accounts is expected to cost businesses across the UK close to £3bn a year, according to Mercer.

Dean charged with PADA development task
Published:  02 March, 2009

The Personal Accounts Delivery Authority (PADA) has appointed Helen Dean as its policy and product development director.

Global group urges reform at US firms
Published:  02 March, 2009

The Universities Superannuation Scheme (USS) has joined other global investors to call on President Barack Obama to implement “critical” reforms at US companies.

FTSE 350 audit teams lack experience
Published:  02 March, 2009

More than one in seven FTSE 350 companies have failed to identify anyone on their audit committee with recent and relevant financial experience.

Gaining ground
Published:  02 March, 2009

Analysis: Liablity-driven investment is often judged negatively for its complex nature, yet pension funds that adopted the strategy were among the few to gain positive returns in 2008, says David Rowley

Clive Gilchrist Managing director, Bestrustees

Shareholder action, not more regulation
Published:  02 March, 2009

“Shareholders are owners of the business and have a responsibility that extends beyond the buying and selling of shares,” and non-executive directors “should pay particular attention to shareholders’ interests and exert a monitoring influence on the board as a whole”.

Edward Brown is an associate in the pensions practice at Lovells

A rigid approach to age regulations will not benefit many in a recession
Published:  02 March, 2009

The EAT needs to see evidence that the tribunal has considered very carefully whether a measure is proportionate

Why Scottish pensions are different
Published:  02 March, 2009

Following the 250th anniversary of his birth, it seems appropriate to recall that it was Rabbie Burns who wrote: “Fair fa’ your honest, sonsie face, Great chieftain o the puddin’ race! Aboon them a’ ye tak your place, Painch, tripe, or thairm: Weel are ye wordy of a grace. As lang’s my arm.”

Director, total rewards and benefits team, Deloitte

Andrew Mewis
Published:  02 March, 2009

Waterskiing, much like living a life outside pensions, is a balancing act. Weight distribution, centre of gravity and the ability to stay upright (not to mention getting up and starting again when you inevitably fall in) are all key to achieving success while skimming across the top of the water.

QUESTION TWO Are you extending your deficit recovery plan in light of the regulator’s announcement?

DB pensions affordability
Published:  02 March, 2009

With MPs’ final salary pensions in the spotlight, Pensions Week asks trustees their opinions on the costs and processes surrounding their schemes.

Mercer sees benefit with Ross and White
Published:  02 March, 2009

Mercer has appointed Claire Ross and Andy White (pic) to senior positions as it looks to expand its UK benefits outsourcing business.

Lawyers set to boost pensions team
Published:  02 March, 2009

The law firm Field Fisher Waterhouse has appointed pensions law specialists Christine Brightwell and Lee Harding (pic) in a move to expand its employment and pensions group.

Jones takes on business development at A J Bell
Published:  02 March, 2009

A J Bell has appointed Glyn Jones as business development manager for the south east and London.

Rowanmoor appoints brace of consultants
Published:  02 March, 2009

Rowanmoor Pensions has hired Rob Green (pic) and Anthony Harris in a bid to strengthen its regional sales and consultancy teams.

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